Intro Quizizz (Welcome to Econ) F25

Exploring diagrams to extract data:

Inflation, as measured by percent change, was approximately 2.5% on average in the US at the end of 2023. During that time period, in which state was inflation the highest?

• Maryland

• Washington

• Tennessee

• Maine

You will have to be able to work with percentages in this class. What is 20% of 40?

Hint: you must convert 20% to decimal form by moving the decimal two places to the left and then multiply by 40. Use google calculator if you do not own one.

• 4

• 20

• 8

• 12

Understanding large numbers:

The United States National Debt is equal to roughly $37 Trillion.

$37 Million = $37,000,000

$37 Billion = $37,000,000,000

$37 Trillion = ???

• $37,000,000,000,000

• $37,000,000,000,000,000

• $37,000

• $3.7 Billion Billion

If you need to go to the bathroom in between classes, ________________

• you should hang out with friends until the every last second possible.

• you should wait until the bell is about to ring and then ask the teacher, so that you can be counted tardy in PS.

• you had better hold it until the end of the day.

• you are allowed! No need to drop off your stuff and ask the teacher permission. Of course you can use your free time how you want.

Can you fill up your water bottle in between classes?

• Yes, but of course you still have to be in class on time. You have 7 minutes to pull this off.

• Absolutely not!

• Water is considered a prohibited substance.

• "If you don't eat your meat, you can't have any pudding. How can you have any pudding if you don't eat your meat?"

Go to https://www.bls.gov/

Look at the "latest numbers" (data) on the right side of your screen. The unemployment rate in July 2025 was:

• 0.45%

• 3.8%

• 4.2%

• 5.6%

Go to https://www.bls.gov/

Use the inflation calculator (picture provided of what it looks like)

Find out what $10 in in October 1983 (when I was born) has the same buying power as November of 2024.

• $13.15

• $15.28

• $31.24

• $78.81

• 1.4%

• 5.1%

• 2.3%

• 6.8%

You will eventually take out a loan to buy a car, house, or some other costly item. If interest rates are high, the cost of the loan: _______

• is the same regardless of the interest rates; interest rates don't apply to loans.

• is cheaper; high interest rates are great for borrowers.

• is more expensive; high interest rates aren't good for borrowers.

You will eventually invest in either stocks, bonds, or retirement accounts. If interest rates are high, your investment: _____________

• does better; you make more money from it.

• does worse; you could even lose money.

• won't really matter; interest rates don't really impact investments.